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Aug 16, 2013
08/13
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starting with salmon that bee in detroit, sam, any updates? i know things are pretty grim over there. >> oh, john t is worse than you could possibly imagine. >> right. >> a once proud american institution brought to its knees by gross mismanagement and incompetent leadership. you know, you wonder if it will ever again be the icon it was once. >> but sam, on the other hand, detroit is resilient, will will bounce back, shortly opinions detroit, no, i'm talking about the daily show. >> come on. >> it took decades to bring detroit to its knees but you destroyed the daily show in like three months. >> whoa, whoa, whoa. go a little easy. >> you're faster than ebola. what? >> i would say that i'm speaking truth to power but you have to power and whatever power you thought you had ends in about six minutes which is less time than it takes to make a hot pocket, but enough time i'm sure for you to [bleep] the show even further until it begs to be put out of its missery. >> thank you, samantha. let's go to jessica williams, jess, where exactly are you. >
starting with salmon that bee in detroit, sam, any updates? i know things are pretty grim over there. >> oh, john t is worse than you could possibly imagine. >> right. >> a once proud american institution brought to its knees by gross mismanagement and incompetent leadership. you know, you wonder if it will ever again be the icon it was once. >> but sam, on the other hand, detroit is resilient, will will bounce back, shortly opinions detroit, no, i'm talking about the...
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Aug 12, 2013
08/13
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in today's cover story, detroit's bankruptcy is hurting investor's miles from michigan. plus, why soda is becoming a harder sell. and, here's man's new best friend: why more chickens and roosters are moving away from the farm. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning! it's monday, august 12th. i'm angela miles. in today's first look: is the summer rally slipping away? the major indicies all fell friday, ending down for the entire week. it's the first weekly decline since june as traders fret over the fed's next move. gold was a gainer by $4. oil added on $2.63 apple shines in its patent case. the internationl trade commission ruled that samsung infringed on iphone patents owned by apple. samsung is expected to appeal. and aol has turned into a chatter stock. shares rose 2% friday on speculation the internet company is planning drastic cuts or that it may shut down its local news sites, called patch. scott shellady of trean group joins us on this monday morning. happy monday morning to
in today's cover story, detroit's bankruptcy is hurting investor's miles from michigan. plus, why soda is becoming a harder sell. and, here's man's new best friend: why more chickens and roosters are moving away from the farm. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning! it's monday, august 12th. i'm angela miles. in today's first look: is the summer rally slipping away? the major indicies all fell friday,...
SFGTV: San Francisco Government Television
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Aug 17, 2013
08/13
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then we can say to cities like detroit and others, we've got the answer, that you don't have to do what you did in the past or don't fall into the traps that we have the answer here in san francisco. and that will continue to be a consensus building approach taking care of our responsibilities. with that, i'd like to give the podium for a while to this year's chair of our budget committee, of course is mark farrell. (applause) >> well, thank you to mayor lee for his great leadership during this process. you know, after months of debate in city hall, after six town halls in our different neighborhoods, after an online town hall, i think what i'm most proud of today is that we're signing a budget that is not only representative of the mayor and his team and the board of supervisors, but as we stated in the beginning, we wanted a budget that reflected the values of san francisco, of all san francisco. and i think we've achieved that today. i want to take a quick moment to thank all those involved, starting off with my colleagues on the board of supervisors, to everyone. i think we had all
then we can say to cities like detroit and others, we've got the answer, that you don't have to do what you did in the past or don't fall into the traps that we have the answer here in san francisco. and that will continue to be a consensus building approach taking care of our responsibilities. with that, i'd like to give the podium for a while to this year's chair of our budget committee, of course is mark farrell. (applause) >> well, thank you to mayor lee for his great leadership...
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Aug 27, 2013
08/13
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talk about our solutions for a city like detroit. democratad 60 years of control in that city, so the proof is in the pudding. you can backup 60 years of irrational policy with a rational approach is that allow at least begin to have a different conversation. that is the direction that i think you want to go in. -it rational --ut out-irrational. no doubton crazy, about it, but the way you pushback is by demonstrating through examples of where republican leadership right now is making a real difference. host: back to economic matters and the rnc event held this weekend, one of the speakers says african-americans have immigrantskseat to and gays. i want to show you that tape and get your response. [video clip] >> everybody comes in front of them on the bus -- gays, immigrants, women, environmentalists -- we never hear any talk about the conditions fighting -- confronting poor blacks and poor people in general, and if dr. king were alive today, he would not just be talking about butice for trayvon martin, he would also give a prayer for
talk about our solutions for a city like detroit. democratad 60 years of control in that city, so the proof is in the pudding. you can backup 60 years of irrational policy with a rational approach is that allow at least begin to have a different conversation. that is the direction that i think you want to go in. -it rational --ut out-irrational. no doubton crazy, about it, but the way you pushback is by demonstrating through examples of where republican leadership right now is making a real...
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Aug 21, 2013
08/13
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it's happening in detroit. and the fate of those people, their story, is coming up. >>> but first i want to share the three awesomest things on the internet today. we begin with a microblog's twist on one of the summer's most shared photo trends. behold the hot dog legs tumbler. a site that asks the viewing public to determine whether you're looking at a selfie taken on the beach or two frankfurters like a pair of legs. some are calling it the tumbler of the summer. either way, the man is trying to co-opt the trend, fat cat hot dog conglomerates are guessing the game. as for this broadcaster, when it comes to legs and hot dogs, i always prefer hot dogs that have legs. second awesomest thing on the internet today, a video going viral on youtube which features the gospel choir of an unidentified church giving the congregation very healthy advice in this age of social media. ♪ ♪ yes, keep your business off of facebook. it's advice we could all stand to listen to. some of us more than others. and the third awes
it's happening in detroit. and the fate of those people, their story, is coming up. >>> but first i want to share the three awesomest things on the internet today. we begin with a microblog's twist on one of the summer's most shared photo trends. behold the hot dog legs tumbler. a site that asks the viewing public to determine whether you're looking at a selfie taken on the beach or two frankfurters like a pair of legs. some are calling it the tumbler of the summer. either way, the man...
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Aug 27, 2013
08/13
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we have to have a new economy in the city of detroit. we also have to do something with our education system, although the mayor does not run the school system, the mayor needs to be the strongest advocate of education this city has ever seen. we're failing miserably at educating our children. my grandfather was a share cropper with a third grade education. he stressed to all of us how important education was and how it can lift you up out of the circumstance you're in. that's why we have to educate the children of detroit. we had some issues with blight we had to clean up. those will be the things at the top of me agenda. >> does sound like the thing you're going to be able to control quickly on the law enforcement front. you're a sheriff, county wide official. does that mean, are you going to look for money to hire more cops on the streets? what does it mean? i'm curious, do you favor programs like stop and frisk? i know the mayor of philadelphia is somebody who would like that tactic, though not to do it via profiling. >> you know, st
we have to have a new economy in the city of detroit. we also have to do something with our education system, although the mayor does not run the school system, the mayor needs to be the strongest advocate of education this city has ever seen. we're failing miserably at educating our children. my grandfather was a share cropper with a third grade education. he stressed to all of us how important education was and how it can lift you up out of the circumstance you're in. that's why we have to...
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Aug 20, 2013
08/13
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detroit does not have any problem that is 100% unique to detroit. however, it has a scale that is unprecedented, as well as -- it seems to have all of the problems, not just one or two. in the case of like a birmingham or the county that has declared a see their -- that has declared bankruptcy there, it is because of a specific bad investment, a municipal job that went awry and they lost billions of dollars. detroit is really tied to attention problems, and that is unique -- detroit is really tied to its pension problems, and that is unique, and especially scary to americans. as heidi and i discussed many times, this is either a cautionary tale or a blueprint for other cities. we have to wait and watch. there is all of these unknowns happening right now. detroit is certainly not completely unique in its issues. guest: just to follow-up on that, in terms of scale, the second-largest accuracy, jefferson county -- second- largest bankruptcy, jefferson county, alabama, that was long- term by police, $4.5 billion. are $20s liabilities billion-plus. it co
detroit does not have any problem that is 100% unique to detroit. however, it has a scale that is unprecedented, as well as -- it seems to have all of the problems, not just one or two. in the case of like a birmingham or the county that has declared a see their -- that has declared bankruptcy there, it is because of a specific bad investment, a municipal job that went awry and they lost billions of dollars. detroit is really tied to attention problems, and that is unique -- detroit is really...
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thank you it's great to be with you well uni's are in the news we have detroit and we have this prediction from meredith whitney a few years ago which didn't come true in its day are we seeing the first domino right here with detroit is it oh about to fall. well it's not all about to fall and she's correct i believe in her assessment of all of these unfunded pensions etc but to us at the trends journal the did the fall of detroit the bankruptcy is a metaphor for the entire united states so let me explain this is from a it's gone from motown to know. this this was the country you know henry ford giving workers a working wage so they could buy automobiles this is then becomes the place where dionne dust realisation began and america starts sending its jobs to cheap labor markets whether within the states and then overseas and also very importantly it also became the blueprint for america's future in producing garbage quality products you know i'm old enough to remember when automobiles were really great and then they became really crummy and that's when the japanese and all the marketers mov
thank you it's great to be with you well uni's are in the news we have detroit and we have this prediction from meredith whitney a few years ago which didn't come true in its day are we seeing the first domino right here with detroit is it oh about to fall. well it's not all about to fall and she's correct i believe in her assessment of all of these unfunded pensions etc but to us at the trends journal the did the fall of detroit the bankruptcy is a metaphor for the entire united states so let...
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Aug 6, 2013
08/13
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CURRENT
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i do want november on to detroit. the city is bankrupt, and finances are in the hands of a manager, but even so voters will turn out for a primary to choose a new mayor. what power would the new mayor wield and who wants that job anyway? >> some really good people want the job. it's quite remarkable. a former sheriff. a form prosecuting attorney. a number of state legislators. really quite -- quite an impressive field considering the reality of the circumstance, which is that governor rick snyder, a conservative republican governor has used a law that he wrote, governor snyder, that the people of michigan rejected in a referendum, that the people of detroit rejected by a 4-1 margin. he has rewritten the law and imposed it. it allows him to take control of the city of detroit's governance and basically steer it whatever direction he wants. most of the candidates for mayor think steering it towards bankruptcy is a bad idea. but in reality they are running for an office where they will basically be spectators to the gove
i do want november on to detroit. the city is bankrupt, and finances are in the hands of a manager, but even so voters will turn out for a primary to choose a new mayor. what power would the new mayor wield and who wants that job anyway? >> some really good people want the job. it's quite remarkable. a former sheriff. a form prosecuting attorney. a number of state legislators. really quite -- quite an impressive field considering the reality of the circumstance, which is that governor...
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Aug 1, 2013
08/13
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when you see pictures of depression and detroit, when you see abandoned housing in detroit , when you see boarded up housing, when you see 50,000 cheryl barnes when you see a once great country, once great nation, once great city lying in the case he think about your politicians who chose to send that money to egypt and not keeping your home. as detroit to case, as the money is stolen has wandered around the world, but as detroit decays, as chicago is overrun with violence, as americans girl to put food on the table, mubarak and his family dined on caviar and champagne. as mubarak fleets to europe for weekends on his jet and live the life of a king, his people rotted in jail indefinitely without charge, without trial. they have been living under martial law for 30 years. you wonder why they aren't happy with us? we have been financing the guy that has been giving them martial law and indefinite detention without trial for 30 years. to add insult to injury when they protest against their government they are doused with tear-gas made in our country. foreign-aid does not go to a foreign
when you see pictures of depression and detroit, when you see abandoned housing in detroit , when you see boarded up housing, when you see 50,000 cheryl barnes when you see a once great country, once great nation, once great city lying in the case he think about your politicians who chose to send that money to egypt and not keeping your home. as detroit to case, as the money is stolen has wandered around the world, but as detroit decays, as chicago is overrun with violence, as americans girl to...
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Aug 7, 2013
08/13
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and the greater detroit region. we have an incredible talent in this city, hard-working people, entrepreneurs and if you just think of the intellectual talent in this area, we have more engineers per capita than any other region of the country. we have folks who are creating new jobs here. we've got a downtown that's bounding back. we have people investing in it. >> you have? >> we're focused on the future. >> allow me to let you listen to senator rand paul, who spoke about the potential for the government bailout of detroit. take a listen to this. >> there is a way in an economically depressed zone to have some tax forbearance, reduce taxes, encourage businesses, encourage people to come in and take abandoned property. there are ways we could do it in a republican fashion, but i will not be for borrowing any money from china to try to bail out detroit, particularly if they continue the same policies. >> he went on to say that detroit simply needs to elect some republican leaders. is that the solution? >> it's not t
and the greater detroit region. we have an incredible talent in this city, hard-working people, entrepreneurs and if you just think of the intellectual talent in this area, we have more engineers per capita than any other region of the country. we have folks who are creating new jobs here. we've got a downtown that's bounding back. we have people investing in it. >> you have? >> we're focused on the future. >> allow me to let you listen to senator rand paul, who spoke about...
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Aug 12, 2013
08/13
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FBC
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we just opened a store in detroit. a regional store in new york and tribeca, and business is off the chart. liz: if you were to be talking to business leaders at a meeting, what would you say to convince them to do business in detroit? what of the positives? >> the committee is very interested in moving forward. the path is the past. everyone in the business community is set on moving forward and making this a better place to be. we found everyone to be wildly helpful and really helpful in our success. ashley: what about the tax point of view. part of the problem was the taxes went up to try and pay for more services. when they left, when half the town left that tax revenue went down. so from a tax point of view or incentives, what can detered offer companies that other states are now offering, such as wisconsin and indiana that a cherry picking companies as we speak from detroit? how do you stop that process? >> it is hard for me to comment because our business model was not predicated on receiving tax benefits. ashle
we just opened a store in detroit. a regional store in new york and tribeca, and business is off the chart. liz: if you were to be talking to business leaders at a meeting, what would you say to convince them to do business in detroit? what of the positives? >> the committee is very interested in moving forward. the path is the past. everyone in the business community is set on moving forward and making this a better place to be. we found everyone to be wildly helpful and really helpful...
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Aug 29, 2013
08/13
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that's a big question, something that detroit is grappling with. today kevin orr is right, there is huge investment, billions of investment in downtown. the current mayor actually did a fabulous job of convening the philanthropic community and a whole bunch of stakeholders to do a very detroit futures city plan, which is awesome, but the question is how can you get it done? detroit has got 20 square miles of vacant land. 60,000 lots of vacant land. it's a huge responsibility, but it's also a huge opportunity. use that to say, urban pioneers, come to detroit. for $5 we'll give you a plat. you can't speculation, just hold on to it. make a go of it. that's the big opportunity for detroit. >> lee saunders, your reaction to the workers may have to give up more? >> i think it's ridiculous. first of all, i think the attack on the pensions of the 22, 23,000 workers who have given their lives to public service, averaging $19,000 a year, and their pensions are on the line. i just don't think it's right. we think it's an unconstitutional act, we think it's im
that's a big question, something that detroit is grappling with. today kevin orr is right, there is huge investment, billions of investment in downtown. the current mayor actually did a fabulous job of convening the philanthropic community and a whole bunch of stakeholders to do a very detroit futures city plan, which is awesome, but the question is how can you get it done? detroit has got 20 square miles of vacant land. 60,000 lots of vacant land. it's a huge responsibility, but it's also a...
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Aug 12, 2013
08/13
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airport delays expected only if memphis and detroit. >>> back to the news now. a detroit area doctor accused of forcing potential chance e treatments on patients who didn't need them. >> the fbi says the doctor was in it for the money, not to help heal the sick. here's abc's linzie janis. >> reporter: dr. farid fata is behind bars for the unthinkable, mistrea mistreating patients to bilk medicare out of millions of dollars. he fabricated diagnosis in order to perform expensive tests. relatives of his alleged victims are speaking out. jeff says when his father didn't respond to chemotherapy, the doctor refused to discontinue the drugs. >> they were giving my father transfusions in the parking barrage area. what kind of treatment is that. >> the government had not retained an expert to give an opinion. >> reporter: others suspected something was wrong as far back as 2010. >> things were being administ administered and used incorrectly. >> reporter: cancer nurse angela swantek said she complained. >> to know that a doctor could have potentially brought your death o
airport delays expected only if memphis and detroit. >>> back to the news now. a detroit area doctor accused of forcing potential chance e treatments on patients who didn't need them. >> the fbi says the doctor was in it for the money, not to help heal the sick. here's abc's linzie janis. >> reporter: dr. farid fata is behind bars for the unthinkable, mistrea mistreating patients to bilk medicare out of millions of dollars. he fabricated diagnosis in order to perform...
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Aug 11, 2013
08/13
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. ♪ ♪ >> david: well, first detroit goes bust. will new york and chicago be next? the mayors of those two cities warning that their public pension costs are growing totally out of control, which is really what did in detroit. and many other cities are facing the same time bomb. is this proof it's time to scrap public pensions before they all go bust? hi, everybody. i'm dad asman. welcome to "forbes on fox." let's go in focus wi steve forbes, john candy, rich carlguard, elizabeth mc donald. should we scrap the public pensions? >> yes. get rid of them. what is public service? a sacrifice. it's supposed to be a short-term sacrifice before you go to the private sector to produce real economic growth. the problem now with high government pay and the big pension plans is we're creating life long government workers that are a burden on the people working in the real economy. if you get rid of them, they have incentive to get in the real world and cities will no longer have pension problems. >> david: well, rick, and the pension problems are just enmous. new york city, jus
. ♪ ♪ >> david: well, first detroit goes bust. will new york and chicago be next? the mayors of those two cities warning that their public pension costs are growing totally out of control, which is really what did in detroit. and many other cities are facing the same time bomb. is this proof it's time to scrap public pensions before they all go bust? hi, everybody. i'm dad asman. welcome to "forbes on fox." let's go in focus wi steve forbes, john candy, rich carlguard,...
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Aug 29, 2013
08/13
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for the first time at a plant near detroit. they hired 1400 new workers for the plant which will produce 15,000 vehicles a year. that's 30% more than in mexico. >> and nintendo cutting the price on the wii u game console to compete with the xbox one and playstation 4. that's in time for the holidays. back over to you. >> don't you love talking about the holidays in august. >> there we go. >> thank you, jackie. speaking of minimum wage, four strippers filed a class action lawsuit in colorado federal court. they claim that their employer, fantasy gentlemen's club in grand junction violated federal and state minimum wage laws. >> ladies just want to get paid. and a delta 4 heavy rocket was launched on wednesday. the classified payload is believed to be $1 billion high powered spy satellite. >>> starbucks is selling a limited crystal incrusted tenth anniversary mug. it's going for $150. >> a popular television commercial selling insurance was the inspiration behind this florida business that brought nomad the camel to work. what's
for the first time at a plant near detroit. they hired 1400 new workers for the plant which will produce 15,000 vehicles a year. that's 30% more than in mexico. >> and nintendo cutting the price on the wii u game console to compete with the xbox one and playstation 4. that's in time for the holidays. back over to you. >> don't you love talking about the holidays in august. >> there we go. >> thank you, jackie. speaking of minimum wage, four strippers filed a class action...
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Aug 30, 2013
08/13
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we need one detroit. so while we're glad that "morning joe" came in to talk about detroit and he talked to a number of individuals, absent the input of individuals like us from the neighborhood and from the community, it's important to have that other strategy. we want downtown development, ed. we want people to be employed. but after the bankruptcy, after kevin orr is no more, where do we go from here? where are the jobs? what about the pensions that the people have worked so hard for? where is the money coming in to build rebuild the and the neighborhoods? those questions are yet to be determined and to be asked. as we see the development of downtown, there's a lot of development going on downtown. as we see new stadiums coming in, as we seed individuals buying up buildings for their personal use and to employ certain individuals. as we see all this happening, we also need to see and to make sure that the neighborhoods are brought to the table because if you don't bring the neighborhoods to the stable,
we need one detroit. so while we're glad that "morning joe" came in to talk about detroit and he talked to a number of individuals, absent the input of individuals like us from the neighborhood and from the community, it's important to have that other strategy. we want downtown development, ed. we want people to be employed. but after the bankruptcy, after kevin orr is no more, where do we go from here? where are the jobs? what about the pensions that the people have worked so hard...
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Aug 1, 2013
08/13
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i mean, detroit is an american city. and who is more american than detroiters? and so we believe that the city of detroit is on the road to recovery, but that recovery is going to require federal intervention. >> pastor david bullock, of the change agency consortium. i know that federal government intervention makes a big difference when you are trying to recover. >> that is right, thank you so much. we have been hit by an economic hurricane, and so we need relief right now. >> thank you very much. >> thank you. >> next. when does a person turn into a hero? we go all fan-go as she celebrates a milestone, don't miss it. >>> on this date, 35 years ago, on july, time news was reporting a test tube baby. this was in the pre-kardashian days, starring in the commercial. he tied a national league record with his 44-game hit streak. and nbc news, the parent company, did something that would forever change the course of history, in july, 1978, nbc news hired a local tv reporter and stuck her right on the air a few weeks later. something that was then called a general cor
i mean, detroit is an american city. and who is more american than detroiters? and so we believe that the city of detroit is on the road to recovery, but that recovery is going to require federal intervention. >> pastor david bullock, of the change agency consortium. i know that federal government intervention makes a big difference when you are trying to recover. >> that is right, thank you so much. we have been hit by an economic hurricane, and so we need relief right now....
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Aug 12, 2013
08/13
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WMAR
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airport delays expected only if memphis and detroit. >>> back to the news now. a detroit area doctor accused of forcing potential chance e treatments on patients who didn't need them. >> the fbi says the doctor was in it for the money, not to help heal the sick. here's abc's linzie janis. >> reporter: dr. farid fata is behind bars for the unthinkable, mistrea mistreating patients to bilk medicare out of millions of dollars. he fabricated diagnosis in order to perform expensive tests. relatives of his alleged victims are speaking out. jeff says when his father didn't respond to chemotherapy, the doctor refused to discontinue the drugs. >> they were giving my father transfusions in the parking barrage area. what kind of treatment is that. >> the government had not retained an expert to give an opinion. >> reporter: others suspected something was wrong as far back as 2010. >> things were being administ administered and used incorrectly. >> reporter: cancer nurse angela swantek said she complained. >> to know that a doctor could have potentially brought your death o
airport delays expected only if memphis and detroit. >>> back to the news now. a detroit area doctor accused of forcing potential chance e treatments on patients who didn't need them. >> the fbi says the doctor was in it for the money, not to help heal the sick. here's abc's linzie janis. >> reporter: dr. farid fata is behind bars for the unthinkable, mistrea mistreating patients to bilk medicare out of millions of dollars. he fabricated diagnosis in order to perform...
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Aug 20, 2013
08/13
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it started right here on the banks of the detroit river in detroit, michigan, and yes, that is a giant nasty pile of something called pet coke. back in may "the new york times" highlighted what they described as a black mound of canadian oil waste rising over detroit. that oil waste is something called petroleum coke, a high sulfur, high carbon waste by-product of canadian oil sands. the pet coke that residents started spotting was put there by a company that owned it, a company call koch carbon, owned by the koch brothers. they started piling up all of this pet coke on banks of the detroit river before preparing to ship it off to other countries to be used as fuel. in addition to be a hideous eye sore, the pile also posed a potential health risk. we've got some video shot last month. look at this. look at that along the banks of the detroit river showing the black dust from the pet coke pile being kicked up in a storm that hit the area and just spreading everywhere. that black dust started blowing into nearby homes in detroit coming right through the windows. one local resident tellin
it started right here on the banks of the detroit river in detroit, michigan, and yes, that is a giant nasty pile of something called pet coke. back in may "the new york times" highlighted what they described as a black mound of canadian oil waste rising over detroit. that oil waste is something called petroleum coke, a high sulfur, high carbon waste by-product of canadian oil sands. the pet coke that residents started spotting was put there by a company that owned it, a company call...
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Aug 5, 2013
08/13
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detroit may be starting that by hiring christie's to appraise the item at the detroit institute of art. cn cnbc's own robert frank joins us now with all of the art details. >> detroit's emergency manager hired christie's to assess the collection of the dia. the art is valued by many at over $1 billion. while there is no specific plan to sell the assets, the move was taken at the request of creditors. he said the city must know the current value of all of its assets, including the city owned check at the dia. orr's statement goes on to say there has never been nor is there now any plan to sell the art. this valuation as well as the valuation of other city assets is an integral part of the restructuring process. he said they will also advise the city on non-sale alternatives. not sure what that means. they will value works like this one, a van gogh portrait that could be worth over $100 million alone, it includes works of picasso, miguel. they say they will continue to folks on being as positive force for the city. this has been a huge controversy with some of the public pensions saying
detroit may be starting that by hiring christie's to appraise the item at the detroit institute of art. cn cnbc's own robert frank joins us now with all of the art details. >> detroit's emergency manager hired christie's to assess the collection of the dia. the art is valued by many at over $1 billion. while there is no specific plan to sell the assets, the move was taken at the request of creditors. he said the city must know the current value of all of its assets, including the city...
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Aug 1, 2013
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i mean, detroit is an american city. and who is more american than detroiters? and so we believe that the city of detroit is on the road to recovery, but that recovery is going to require federal intervention. >> pastor david bullock, of the change agency consortium. i know that federal government intervention makes a big difference when you are trying to recover. >> that is right, thank you so much. we have been hit by an economic hurricane, and so we need relief right now. >> thank you very much. >> thank you. >> next. when does a person turn into a hero? we go all fan-go as she celebrates a milestone, don't miss it. ♪ (woman) this place has got really good chocolate shakes. (growls) (man) that's a good look for you. (woman) that was fun. (man) yeah. (man) let me help you out with the.. (woman)...oh no, i got it. (man) you sure? (woman) just pop the trunk. (man vo) i may not know where the road will lead, but... i'm sure my subaru will get me there. (announcer) love. it's what makes a subaru, a subaru. ♪ [ male announcer ] it started long ago. the joy of g
i mean, detroit is an american city. and who is more american than detroiters? and so we believe that the city of detroit is on the road to recovery, but that recovery is going to require federal intervention. >> pastor david bullock, of the change agency consortium. i know that federal government intervention makes a big difference when you are trying to recover. >> that is right, thank you so much. we have been hit by an economic hurricane, and so we need relief right now....
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Aug 30, 2013
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. >> detroit is now the largest u.s. city to file for bankruptcy it cannot match it -- manages self. >> were at the end of the road. we can borrow any more money. john: detroit was -- now in such a wreck. >> for $1,500 you could buy this house. john: for years politicians promised that they would fix detroit. >> detroit show again become the great city that is its destiny. john: instead. >> they turned city hall into a den of bribes and kickbacks making themselves rich. john: is there hope for places like detroit? >> it will turn around the city of detroit. >> the motor city. this is will we
. >> detroit is now the largest u.s. city to file for bankruptcy it cannot match it -- manages self. >> were at the end of the road. we can borrow any more money. john: detroit was -- now in such a wreck. >> for $1,500 you could buy this house. john: for years politicians promised that they would fix detroit. >> detroit show again become the great city that is its destiny. john: instead. >> they turned city hall into a den of bribes and kickbacks making themselves...
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Aug 25, 2013
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if you don't know, think of detroit. would you lend to detroit today? you wouldn't. you would want to find out what happens to others who lend to detroit. there is the longer-term agenda. that has to do with potential growth. that speaks to education. it speaks to some micro things that we should be doing. one of the problems of the fed being the center of attention is it diverts discussion away from other things. there is this whole set of other things that are more important for us and for the next generation, that this whole narrative have shifted away from. >> as chief of the white house global council of economics, what types of new projects are you working on? >> you have promoted me. [laughter] i am grateful to be chair of the council on global development. the notion is very simple. part of securing u.s. national security and economic future and living in a global neighborhood that is more prosperous. it has had numerous advantages. the idea is to contribute and bring in outside perception. we are a council made of people from very different backgrounds and e
if you don't know, think of detroit. would you lend to detroit today? you wouldn't. you would want to find out what happens to others who lend to detroit. there is the longer-term agenda. that has to do with potential growth. that speaks to education. it speaks to some micro things that we should be doing. one of the problems of the fed being the center of attention is it diverts discussion away from other things. there is this whole set of other things that are more important for us and for...
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Aug 28, 2013
08/13
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. >>> the city of detroit is getting a makeover. the state plans to demolish nearly 4,000 abandoned homes to remove the blithe. >>> and at least 21 people in texas have been sickened from a measles outbreak. that's the headlines "consider this" is up next on al jazeera. ♪ ♪ >>> who is bash aral-assad. the syrian president could be forcing america into another unpopular mideast war. how did a man who trained to be an opthal gist turn into this leader. >>> and a count think clerk takes what he says the current law into his own hands and joins the hands of those who want a marriage certificate regardless of their sexual preference. should one man be able to change the same-sex marriage debate? good evening, i'm antonio mora, and welcome to "consider this." we begin with syria, as the obama administration weighs its options to intervene in syrian's civil war, the white house's repeated calls for bashar al-assad's removal. >> reporter: after two and a half years of turmoil, leaving more than 100,000 people dead, the man ruling syria
. >>> the city of detroit is getting a makeover. the state plans to demolish nearly 4,000 abandoned homes to remove the blithe. >>> and at least 21 people in texas have been sickened from a measles outbreak. that's the headlines "consider this" is up next on al jazeera. ♪ ♪ >>> who is bash aral-assad. the syrian president could be forcing america into another unpopular mideast war. how did a man who trained to be an opthal gist turn into this leader....
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Aug 3, 2013
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riots in 1967 detroit and mayor young caused a white flight to sub suburb-ia and detroit is left with nothing but liberal democrats running it. it is what it is. any place in this country that has similar circumstances, the same fate is going to happen to them. now what was your other thing about poverty? >> poverty. lbj said the war on poverty, we're going to have legislation to try to eradicate. the poverty's growing. it's not getting better. there are a lot of people suffering. >> yeah, imagine that. and it's been the number one issue of the democrat party out of their mouths for well, since 1964 when lbj first started it. poverty percentage-wise the same number of people. in fact under obama it's gotten worse. four out of five american families are experiencing poverty. 9 million jobs have been lost. pardon me. since obama took office. 9 million. they're just gone. because of his policies. well, the arena ideas this is what the republican is not standing up. they're not pushing back. they're not articulating what is the opposite of this. and one of the things, i mean, you can poin
riots in 1967 detroit and mayor young caused a white flight to sub suburb-ia and detroit is left with nothing but liberal democrats running it. it is what it is. any place in this country that has similar circumstances, the same fate is going to happen to them. now what was your other thing about poverty? >> poverty. lbj said the war on poverty, we're going to have legislation to try to eradicate. the poverty's growing. it's not getting better. there are a lot of people suffering....
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sachs with their parking or diamond is parking of where ows is aluminum warehouses right next door to detroit there that's a tape warm that's a leech leeching out the vital economic essence for making that town collapse inclosing he they call their the parasites on wall street cause this economy to collapse is very simple a equals b. and this man intend to china he was suffering from fainting fits kind of like our market flash crashes and the thousand point drop in the dow back in two thousand and eight and then he was also suffering from a painful migraines exactly like our financial markets but what is happened here is the so-called doctors of this financial system like the central banks and the treasury department's look at the system and they don't even look for the tapeworms but they just keep on throwing more nutrients at the system that cash the liquidity for the banks and everybody wonders where it's all going because it's just sitting on a balance sheet and us of course because the tapeworm that's what as you pointed out they suck the nutrients out to avoid so the human or the system
sachs with their parking or diamond is parking of where ows is aluminum warehouses right next door to detroit there that's a tape warm that's a leech leeching out the vital economic essence for making that town collapse inclosing he they call their the parasites on wall street cause this economy to collapse is very simple a equals b. and this man intend to china he was suffering from fainting fits kind of like our market flash crashes and the thousand point drop in the dow back in two thousand...
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Aug 1, 2013
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i mean, detroit is an american city. and who is more american than detroiters? and so we believe that the city of detroit is on the road to recovery, but that recovery is going to require federal intervention. >> pastor david bullock, of the change agency consortium. i know that federal government intervention makes a big difference when you are trying to recover. >> that is right, thank you so much. we have been hit by an economic hurricane, and so we need relief right now. >> thank you very much. >> thank you. >> next. when does a person turn into a hero? we go all fan girl as she celebrates a milestone, don't miss it. i dbefore i dosearch any projects on my home. i love my contractor, and i am so thankful to angie's list for bringing us together. find out why more than two million members count on angie's list. angie's list -- reviews you can trust. time to have new experiences with a familiar keyboard. to update our status without opening an app. to have all our messages in one place. to browse... and share... faster than ever. ♪ it's time to do everything
i mean, detroit is an american city. and who is more american than detroiters? and so we believe that the city of detroit is on the road to recovery, but that recovery is going to require federal intervention. >> pastor david bullock, of the change agency consortium. i know that federal government intervention makes a big difference when you are trying to recover. >> that is right, thank you so much. we have been hit by an economic hurricane, and so we need relief right now....
SFGTV: San Francisco Government Television
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Aug 1, 2013
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i might point out if i might you probably have seen -- i grew up in the city of detroit which of course is like the polar opposite of what is happening in san francisco these days. the median price of a house in $9,000 and the city is going through this extraordinary upheaval and those jobs have been lost through the city to other regions and other parts of the country and people weren't paying attention and i really do believe -- and i know this is my bias and detroit made 80 years of bad planning decisions and part of the reason it's in the situation it is today and i really think the years of good planning in san francisco have really made a difference. i'm sorry commissioner. >> i want to thank you for your presentation. i think you're definitely a big picture guy, but you did say there that you have somebody working on that application the minute it comes in the door, the big stuff, and i know we're talking about the port today and the big stuff, but it's still the small stuff which also supplies housing and jobs in san francisco. it's still taking far too long. i know you have tri
i might point out if i might you probably have seen -- i grew up in the city of detroit which of course is like the polar opposite of what is happening in san francisco these days. the median price of a house in $9,000 and the city is going through this extraordinary upheaval and those jobs have been lost through the city to other regions and other parts of the country and people weren't paying attention and i really do believe -- and i know this is my bias and detroit made 80 years of bad...
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Aug 11, 2013
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land in detroit right now is cheap. you can buy a house there if you want, but no one wants to right w. all right. so go elsewhere. >> all right. is part of the solution credit? >> i thought that was how we developed alaska, incentivizing people out there. but the government's had a role of developing this country. the private sector is strong enough now to hale the for profit housing market. there is a way to make money from a lot. there's all of these funds that are buying dilapidated properties. however, when you have a situation that's uneconomic where there is no free market solution, that's when it becomes the role of government. when you've got a house that's dilapidated, it's not going to go away if it's worth nothing like in detroit, for example. otherwise it's like a manmade disaster like a dust bowl. we have to fix up our own mistakes we made. >> okay. john, you've heard it all. >> frannie and freddie are going away, why aren't you celebrating? >> i was just in france, and, believe me, they like texan wearing
land in detroit right now is cheap. you can buy a house there if you want, but no one wants to right w. all right. so go elsewhere. >> all right. is part of the solution credit? >> i thought that was how we developed alaska, incentivizing people out there. but the government's had a role of developing this country. the private sector is strong enough now to hale the for profit housing market. there is a way to make money from a lot. there's all of these funds that are buying...
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Aug 6, 2013
08/13
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jhonny peralta of the detroit tigers and nelson cruz of the texas rangers. both all-stars were considered key players in their team's drive for the playoffs and world series this fall. last month former national league mvp ryan braun of milwaukee was suspended a season-ending 65 games. to sooth brewers fans they're getting $10 vouchers to those who show up this month, good for anything at the park. still, there's plenty of disappointment to go around. >> these players are cheating the game and they're cheating the other players that are trying to do it honestly. >> it's very unfortunate and it's negative and it's a wrong message we're sending to our kids. >> reporter: even down to the little leaguers dreaming big. >> even if like your trainer said or something, just here try it out, just don't do it. >> i'd rather be bad without drugs than good with drugs. >> reporter: now a-rod says he knows his appeal will be a distraction, but he says for the sake of the game he hopes the focus for the fans are on what he calls these great baseball stories as the pennant
jhonny peralta of the detroit tigers and nelson cruz of the texas rangers. both all-stars were considered key players in their team's drive for the playoffs and world series this fall. last month former national league mvp ryan braun of milwaukee was suspended a season-ending 65 games. to sooth brewers fans they're getting $10 vouchers to those who show up this month, good for anything at the park. still, there's plenty of disappointment to go around. >> these players are cheating the...
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financial system leeching out the vital nutrients or in this case cash leaving the economy in places like detroit to die remember jamie and his collateralized debt obligations that his financial position is securitization cause detroit goldman sachs with their parking or diamond is parking of where aus aluminum or out is right next door to detroit there that's a tape warm that's a leech leaching out the vital economic essence for making that town collapse and closing he they call it there that the parasites are. wall street clothes this economy collapses very simple a equals b. and this man in chengdu china he was suffering from fainting fits kind of like our market flash crashes and the thousand point drop in the dow back in two thousand and eight and then he was also suffering from painful migraines exactly like our financial markets but what is happened here is the so-called doctors of this financial system like the central banks and the treasury department's look at the system and they don't even look for the tapeworms but they just keep on throwing more nutrients at the system that cash the
financial system leeching out the vital nutrients or in this case cash leaving the economy in places like detroit to die remember jamie and his collateralized debt obligations that his financial position is securitization cause detroit goldman sachs with their parking or diamond is parking of where aus aluminum or out is right next door to detroit there that's a tape warm that's a leech leaching out the vital economic essence for making that town collapse and closing he they call it there that...